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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Polish New Zloty/Swiss Franc (FOREX:PLNCHF)

Long-Term Downtrend (-90) - PLNCHF is in a strong downtrend that is likely to continue. While PLNCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PLNCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNCHF
Open High Low PLNCHF Price Change
0.21486000 0.21496826 0.21338000 0.21415500 -0.00070500
Entry Signal

MarketClub’s Trade Triangles for PLNCHF

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.2196500

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2024 at 0.2175200

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.2153585

Smart Scan Analysis for PLNCHF

Based on our trend formula, PLNCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PLNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21486000 0.21496826 0.21338000 0.21415500 -0.00070500
Prev. Close Volume Bid Ask Time
0.21486000 2024-11-21 06:32:20
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